Real Estate - Residential

Old Archer School building undergoing $42M renovation

Construction has begun on a $42 million rehabilitation project that will bring 89 affordable housing units for seniors to the old Archer School on Nassau Street. The project is a city of Charleston collaboration with the Humanities Foundation, James Doran Co., and a collection of funding and development partners, according to a [...]

Ansonborough home sells for $4.5M

Maison Real Estate handled the sale of another Ansonborough home that pushes its way to the upper reaches of real estate real estate prices. Listed by Maison agent Jennifer Davis, 21 Wentworth St. on May 2 closed for $4,525,000, almost 14% higher than the original asking price of $3,975,000. According to the company, 47 homes [&[...]

Newly constructed Beaufain Street condos starting at $2.5 million

Rooftops and retail reshape West Ashley

Development in West Ashley around Bees Ferry Road has been dominated by multifamily growth — a trend the city of Charleston planning director said the city wasn’t expecting when development of annexed areas began in the late 1990s. “Years ago, the assumption was that there was going to be a huge amount of retai[...]

Hot Properties for March 21, 2022

Hot Properties highlights recently sold or leased commercial properties in the Charleston region. Send in your transactions using our online form. Casey Lowery of Adams Property Group represented the landlord, 3575 Maybank LLC, in the lease of 3,800 square feet of retail space at 3575 Maybank Highway, Unit A, Johns Island, [...]

Realtors seal $1 billion in sales with private island deal

Real estate companies have set records left and right these past two years — but how many can say they’ve sold an island? William Means Real Estate started 2022 with the $7.5 million sale of Hoopstick Island, a 55-acre private spot off of Johns Island. The natural refuge, which has more than a mile of waterfront[...]

Foreign investor buys Goose Creek community for $52.7 million

A foreign investor has purchased Coventry Green Apartments, a Goose Creek apartment community, for $52.7 million in an off-market transaction. This is the second deal in two months for Excelsa U.S. Real Estate I LP and represents the firm’s 10th acquisition in the U.S., the company said in a news release. Founded in 2[...]

HGTV, Discover+ series to feature Berkeley County development

If you’re still worried about getting out in the community with germs and frigid weather all around, HGTV and Discovery+ has a neighborhood fix you can indulge in from your couch. On Feb. 28, the channels will begin airing season three of its Rock the Block series, featuring Berkeley County’s Nexton co[...]

Baltimore-based investors purchase Mount Pleasant apartments for $28.25 million

A Baltimore-based company has acquired its third Charleston-area property with the $28.25 million acquisition of The Six apartments in Mount Pleasant. Continental Realty Corp., owner of Mount Pleasant Towne Centre, purchased the three-story building located at 2170 Snyder Circle. Of the 92 units in the garden community, 97%[...]

Kiawah questions how to top 2021, find future inventory

Two years ago amid a looming pandemic and fears of an industry crash, Dan Whalen’s message to his Kiawah Island Real Estate team was clear: try and stay positive. Today, he’s constantly reminding them to stay grounded. “It’s crazy. It’s been great to be here, kind of surreal when you think abou[...]

300-unit multi-family complex in Cane Bay sold for $79.5M

The Hudson, a 300-unit multi-family apartment complex in Summerville’s Cane Bay neighborhood, was recently sold in an off-market transaction to a private equity firm for $79.5 million. The sale was announced in November 2021. New York-based developer Monday Properties sold the complex on Owl Lane to Columbia-based PassiveI[...]